Iveco
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Iveco world headquarters
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| Public limited company | |
| Industry | Manufacturing |
| Founded | 1975 in Turin |
| Headquarters | Turin, Italy |
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Area served
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Europe, South America, Costa Rica, Cuba, Middle East, East Asia (China, Taiwan, South Korea), Southeast Asia, Kazakhstan, Australia |
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Key people
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Pierre Lahutte |
| Products | Heavy commercial vehicles, medium commercial vehicles, light commercial vehicles, quarry/construction site vehicles, special vehicles, city and intercity buses, firefighting vehicles, defence vehicles |
| Revenue |
 €4,900,000,000 |
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Number of employees
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Approximately 25,000 |
| Parent | CNH Industrial |
| Subsidiaries |
List
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| Website | iveco |
Iveco, an acronym for Industrial Vehicles Corporation, is an Italian industrial vehicle manufacturing company based in Turin, Italy, and entirely controlled by CNH Industrial Group. It designs and builds light, medium and heavy commercial vehicles, quarry/construction site vehicles, city and intercity buses and special vehicles for applications such as firefighting, off-road missions, the military and civil defence.
The name Iveco first appeared in 1975 after a merger of Italian, French and German brands.
Its production plants are in Europe, Brazil, Russia, Australia, Africa, Argentina and China, and it has approximately 5,000 points of sales and service in over 160 countries. The worldwide output of the company amounts to around 150,000 commercial vehicles with a turnover of about €10,000,000,000.
Iveco was incorporated on 1 January 1975, with the merger of five different brands: Fiat Veicoli Industriali (with headquarters in Turin, Italy), OM (Brescia, Italy), Lancia Veicoli Speciali (Italy), Unic (France) and Magirus-Deutz (Germany).
Following the merger, the newly founded Iveco began rationalizing its product range, manufacturing plants and sales network, while keeping the original brands. From 1975 to 1979, the Iveco range included 200 basic models and 600 versions spanning from 2.7 tons of GVW for a light vehicle to over 40 tons for heavy vehicles, as well as buses and engines. In 1977 the light to medium-weight Iveco Zeta range was introduced, replacing the twenty-year-old OM Lupetto. Integrating the Fiat-OM range with the Unic and Magirus lineups was completed by 1980. Iveco moved in to work on increasing productivity and engine development.
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Wikipedia